Hewlett Packard Enterprise Co Stock Price, News & Analysis

Hewlett Packard Enterprise (HPE) announced that Macrogen has chosen HPE GreenLake to enhance its IT operations. This collaboration aims to efficiently manage fluctuating demands in processing large-scale medical data while ensuring compliance with data privacy. Macrogen serves over 18,000 clients in 153 countries and is recognized for its genetic analysis capabilities. HPE GreenLake provides a cost-efficient, scalable solution with pay-per-use billing, allowing Macrogen to optimize storage and computing resources during peak periods, thereby improving operational efficiency and reducing costs.

Hewlett Packard Enterprise (HPE) has partnered with YF Life Insurance International Ltd. to support the company's digital transformation using HPE GreenLake services. YF Life, the first insurance firm in Hong Kong to adopt these services, aims to enhance online sales platforms and customer experiences for digital-native generations. The collaboration includes HPE Synergy and HPE 3PAR StoreServ, offering scalable, secure infrastructure. YF Life expects a three-year ROI with a 15% reduction in deployment time and 35% lower capital expenditures due to HPE's solutions.

Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), announced a collaboration with the Pentagon to modernize its classified and unclassified networks. The project will support tens of thousands of devices, streamlining network administration through Aruba's ESP-based architecture. The Pentagon will replace legacy Cisco switches with over 150,000 Aruba ports and enhance its wireless network with 3,000 additional access points. This modernization aims to improve operational efficiency, automate secure device access, and reduce IT overhead.

Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), announced that its Aruba Central platform has achieved a formal “In Process” designation with the Federal Risk and Authorization Management Program (FedRAMP). This designation marks Aruba Central as the first AI-powered networking solution to undergo FedRAMP certification. This achievement reflects Aruba's commitment to delivering secure network solutions as government agencies seek reliable cloud services.

Hewlett Packard Enterprise (HPE) has secured a contract exceeding $160 million from the European High Performance Computing Joint Undertaking (EuroHPC JU) to develop one of the world's fastest supercomputers, known as LUMI, in Finland. This pre-exascale system will achieve a theoretical peak performance of over 550 petaflops, equating to the power of 1.5 million laptops. The system, featuring AMD EPYC CPUs and AMD Instinct GPUs, will enhance research in diverse fields, including healthcare, AI, and weather forecasting, and is expected to be operational by mid-2021.

Hewlett Packard Enterprise (HPE) has secured a $48 million contract from the Pawsey Supercomputing Centre in Australia to develop a new supercomputer as part of the $70 million Pawsey Capital Refresh Program funded by the Australian government. The new system, HPE's Cray EX supercomputer, boasts 30X more compute power and 10X energy efficiency than its predecessor, Magnus. It will feature capabilities of 50 petaflops, facilitating advancements in research areas such as astronomy and drug discovery, supporting over 1,600 researchers.

Hewlett Packard Enterprise (HPE) held its virtual Securities Analyst Meeting, unveiling strategies aimed at sustainable growth. CEO Antonio Neri emphasized the need for digital transformation, accelerated by the pandemic. HPE plans to stabilize its core businesses while doubling down on growth areas such as Intelligent Edge and High-Performance Compute. The company targets a non-GAAP diluted net EPS of $1.56 to $1.76 for FY21 and anticipates free cash flow of $0.9 billion to $1.1 billion, marking a 65% year-over-year increase. HPE also aims for a long-term revenue growth rate of 1-3% adjusted for currency.

Hewlett Packard Enterprise (HPE) has been selected by IT4Innovations National Supercomputing Center to build the Czech Republic's most powerful supercomputer, part of the EuroHPC initiative. This supercomputer, titled 'EURO_IT4I', will enhance capabilities for modeling and simulations, targeting areas like weather forecasting and drug discovery. HPE's solutions will include the Apollo 2000 and 6500 systems, featuring over 500 NVIDIA A100 GPUs. The installation is set for 2021, with the supercomputer aiming for a performance peak of 15 petaflops.